Entravision Communications (EVC) Scheduled to Post Earnings on Thursday

Entravision Communications (NYSE:EVC) is scheduled to be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect Entravision Communications to post earnings of ($0.09) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Entravision Communications (NYSE:EVC) last released its earnings results on Tuesday, March 5th. The company reported ($0.21) earnings per share (EPS) for the quarter. The firm had revenue of $320.06 million during the quarter, compared to analysts’ expectations of $309.70 million. Entravision Communications had a negative return on equity of 5.79% and a negative net margin of 1.39%. On average, analysts expect Entravision Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Entravision Communications Stock Performance

Shares of EVC stock traded down $0.04 on Tuesday, hitting $2.11. 222,231 shares of the stock were exchanged, compared to its average volume of 891,964. The firm has a market capitalization of $188.89 million, a PE ratio of -11.94 and a beta of 1.05. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.90. The firm’s 50 day moving average is $2.24 and its two-hundred day moving average is $3.39. Entravision Communications has a one year low of $1.33 and a one year high of $6.49.

Entravision Communications Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 9.48%. The ex-dividend date was Thursday, March 14th. Entravision Communications’s dividend payout ratio (DPR) is presently -111.11%.

Insider Transactions at Entravision Communications

In related news, CEO Michael J. Christenson acquired 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were bought at an average cost of $1.67 per share, for a total transaction of $167,000.00. Following the completion of the transaction, the chief executive officer now owns 1,402,170 shares in the company, valued at $2,341,623.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 7.99% of the company’s stock.

Analyst Ratings Changes

EVC has been the subject of several recent research reports. TheStreet cut Entravision Communications from a “c” rating to a “d+” rating in a research report on Wednesday, March 6th. StockNews.com raised shares of Entravision Communications from a “sell” rating to a “hold” rating in a report on Monday, March 18th.

About Entravision Communications

Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.